 Risk appetite stays strong in the global markets, with European indices registering solid gains. US futures also point higher open for extending recent record runs. Yen is under some selling pressure today, together with Dollar and Euro. On the other hand, commodity currencies are generally higher, with Kiwi being supported by hawkish RBNZ hold. Technically, USD/CAD's break of 1.3262 minor support suggests short term topping at 1.3329, after failing to sustain above 1.3327 key resistance. Deeper retreat should be seen to 55 day EMA (now at 1.3177). USD/CHF is also pressing 0.9740 and break will also turn bias back to the downside, possibly for 0.9629 support. The question now is whether EUR/USD could bottom around 1.0879 low and stage a rebound from there. Focus is on 1.0957 minor resistance. In Europe, currently, FTSE is up 0.41%. DAX is up 0.82%. CAC is up 0.55%. German 10-year yield is up 0.015 at -0.373. Earlier in Asia, Nikkei rose 0.74%. Hong Kong HSI rose 0.87%. China Shanghai SSE rose 0.87%. Singapore Strait Times rose 1.51%. Japan 10-year JGB yield rose 0.0162 to -0.040. | 
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